Qomel Co (SAU:9600) Total Assets : ﷼185.3 Mil (As of Dec. 2024)

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What is Qomel Co Total Assets?

Qomel Co's Total Assets for the quarter that ended in Dec. 2024 was ﷼185.3 Mil.

During the past 12 months, Qomel Co's average Total Assets Growth Rate was 57.30% per year.

Total Assets is connected with ROA %. Qomel Co's annualized ROA % for the quarter that ended in Dec. 2024 was 15.40%. Total Assets is also linked to Revenue through Asset Turnover. Qomel Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.46.

Qomel Co Total Assets Historical Data

The historical data trend for Qomel Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Qomel Co Total Assets Chart

Qomel Co Annual Data

Trend

Dec23

Dec24

Total Assets

99.12

185.27

Qomel Co Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
Total Assets	-	99.12	99.12	185.27

Qomel Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Qomel Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	104.965	+	80.307
	=	185.3

Qomel Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	104.965	+	80.307
	=	185.3

Qomel Co (SAU:9600) Total Assets Explanation

Total Assets is connected with ROA %.

Qomel Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	21.902	/	( (99.119	+	185.272)	/ 2 )
	=	21.902	/	142.1955
	=	15.40 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Qomel Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	65.643	/	( (99.119	+	185.272)	/ 2 )
=	65.643	/	142.1955
=	0.46

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Qomel Co Total Assets Related Terms

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Qomel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Qomel Co (SAU:9600) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3221 Prince Mamdouh bin Abdul Aziz Street, Sulaymaniyah District, Riyadh, SAU

Website

https://www.qomel.com

Qomel Co is a Saudi Arabian-based healthcare company that provides high-quality medicines and innovative medical services whose core business focuses on institutional and government supply through a professional field force and an in-depth knowledge of the local business environment They offer services such as pharmaceutical and medical supplies.

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